Vietnam Commercial Vehicle Market - Industry Dynamics, Market Size, and Opportunity Forecast to 2035

Vietnam Commercial Vehicle Market: By Vehicle Class (Light Commercial Vehicles (LCV), Medium Commercial Vehicles (MCV), Heavy Commercial Vehicles (HCV), Specialty Vehicles); Vehicle Type (Trucks, Vans, Passenger Commercial Vehicles, Delivery Vans / Urban Delivery Units, Special Vehicles); Propulsion Type (Internal Combustion Engine (ICE) and Electric Commercial Vehicles); Power Output (<150 hp, 150-250 hp, 250-350 hp, 350 hp (Heavy-Duty Long-Haul & Mining)); By Weight (Class 1-3: Up to 6 tons, Class 4-6: 6-16 tons, Class 7-8: 16+ tons); Application (Logistics & Transportation, Construction & Mining, Public Transport, Agriculture & Forestry, Oil & Gas, Municipal Services, Tourism & Hospitality Transport, Government & Defense, Others); Sales Channel (OEM / New Vehicle Sales, Aftermarket / Fleet Refurbishment, Leasing & Rentals); Region—Market Size, Industry Dynamics, Opportunity Analysis and Forecast for 2026–2035

Vietnam commercial vehicle market size was valued at USD 2,528.95 million in 2025 and is projected to hit the market valuation of USD 5,796.13 million by 2035 at a CAGR of 8.86% during the forecast period 2026–2035. Read More

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• Last Updated: 25-Dec-2025  |  Format:  |  Report ID: AA12251624